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Dortmund, 10.09.2013
adesso AG opens new subsidiary in Turkey / Another step taken as part of the internationalisation strategy
adesso AG / Key word(s): Strategic Company Decision
10.09.2013 / 10:00
adesso AG opens new subsidiary in Turkey
Another step taken as part of the internationalisation strategy
adesso AG has opened an additional international location in Istanbul, taking another step forward as part of the strategy to internationalise its service portfolio. In addition to adesso's national subsidiaries in Austria and Switzerland, adesso Turkey Bilgi Teknolojileri Ltd. Şti. was established on 18 June 2013 in Istanbul and has since commenced business operations. Led by a local manager with years of international experience, adesso plans to gradually offer its entire service portfolio in Turkey. Initial focus will be placed on solutions and services for content management and mobile business.
Entering the Turkish market is in line with adesso's strategy to facilitate lasting organic growth by making adesso's products and services more international. The decision to establish a new location in Turkey was due mainly to the region's dynamic economic momentum. The country has experienced above-average economic growth for years, not at least because of its high population growth and because it has one of the youngest populations on average in Europe. There has been a rapid increase in the introduction of modern software systems into Turkish companies. adesso therefore sees great market potential within Turkey for optimising core business processes through the targeted use of modern IT solutions. A high demand for the development of mobile applications is expected in the two main growth markets: the financial sector and the telecommunications industry.
adesso's personnel in Istanbul currently consists of four employees, whose expertise covers all aspects of software development management. The branch is led by a Turkish managing director fluent in Turkish and German and English. He is responsible for launching adesso's services and solutions in Turkey and the continued expansion of the Istanbul site. He has proven his IT expertise in previous professional engagements as senior project manager at Capgemini and project manager at Logica Deutschland. In addition, he has a good knowledge of the Turkish market.
Apart from the new branch office in Turkey, adesso already has over 1,100 employees at locations in ten cities across Germany, Austria and Switzerland.
The Executive Board
Martin Möllmann
Manager Investor Relations
Tel.: +49 231 930-9330
E-Mail: ir@adesso.de
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Language: | English | |
Company: | adesso AG | |
Stockholmer Allee 24 | ||
44269 Dortmund | ||
Germany | ||
Phone: | +49 (0) 231 930-9330 | |
Fax: | +49 (0) 231 930-9331 | |
E-mail: | ir@adesso.de | |
Internet: | www.adesso-group.de | |
ISIN: | DE000A0Z23Q5 | |
WKN: | A0Z23Q | |
Listed: | Regulierter Markt in Berlin, Düsseldorf, Frankfurt (General Standard), Hamburg, Stuttgart | |
End of News | DGAP News-Service |
229385 10.09.2013 |
Do you have any questions?
Head of Investor Relations Martin Möllmann +49 231 7000-7000